After a 490 fall on Wall Street yesterday, global markets are falling. The Hang Seng is currently 205 points lower whilst theNikkei225 has lost 395 points.
It could have been worse, the DOW was down as much as 600 points intraday but a late rally saw those losses pared back. Fears over an escalation in the trade war are causing the fear; what a difference a week makes!
I remain long GBP/USD from 1.3061